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China-based Meihua International Medical Technologies sets terms for $50 million US IPO

By Renaissance Capital, Meihua International Medical Technologies, a Chinese provider of disposable medical devices, announced terms for its US IPO on Thursday. The Yangzhou, China-based company plans to raise $50 million by offering 5 million shares at a price range of $9 to $11. At the midpoint of the proposed range, Meihua International Medical Technologies[…]